Median Earnings (1yr)
$66,334
87th percentile
80th percentile in California
Median Debt
$13,516
41% below national median

Analysis

UCSB's economics program delivers exceptional value that often gets overshadowed by Stanford and Berkeley. Starting at $66,334 and climbing to $88,311 within four years, graduates here earn more than 80% of economics majors across Californiaβ€”despite paying roughly $3,300 less in debt than the state average. That debt-to-earnings ratio of 0.20 means graduates could theoretically pay off their loans in less than three months, one of the best positions we've seen for any economics program.

What makes this particularly compelling is the trajectory: 33% earnings growth in three years suggests UCSB grads are landing roles with genuine advancement potential, not just entry-level positions that plateau. The gap between UCSB ($88,311 at year 4) and Berkeley ($80,446 at year 1) narrows considerably when you account for four years of earnings and career progression. And compared to private alternatives like Santa Clara ($76,606), UCSB delivers similar outcomes at a fraction of the total cost for in-state students.

For California families, this is straightforward: UCSB offers top-tier economics training and outcomes at UC pricing. Your child gets access to a selective program (28% admission rate) that outperforms 87% of economics programs nationally, with minimal debt burden. Unless your student is choosing between this and Stanford or a full-ride elsewhere, UCSB economics represents one of the strongest return-on-investment scenarios in the state.

Where University of California-Santa Barbara Stands

Earnings vs. debt across all economics bachelors's programs nationally

Earnings Distribution

How University of California-Santa Barbara graduates compare to all programs nationally

Earnings Over Time

How earnings evolve from 1 year to 4 years after graduation

School1 Year4 YearsGrowth
University of California-Santa Barbara$66,334$88,311+33%
Stanford University$98,104$127,416+30%
Claremont McKenna College$89,505$115,832+29%
University of California-Berkeley$80,446$106,624+33%
Santa Clara University$76,606$102,794+34%

Compare to Similar Programs in California

Economics bachelors's programs at peer institutions in California (55 total in state)

Scroll to see more β†’

SchoolIn-State TuitionEarnings (1yr)Earnings (4yr)Median DebtDebt/Earnings
University of California-Santa BarbaraSanta Barbara$14,965$66,334$88,311$13,5160.20
Stanford UniversityStanford$62,484$98,104$127,416$12,5000.13
Claremont McKenna CollegeClaremont$64,150$89,505$115,832$12,0000.13
University of California-BerkeleyBerkeley$14,850$80,446$106,624$13,0000.16
Santa Clara UniversitySanta Clara$59,241$76,606$102,794$19,5000.25
Pomona CollegeClaremont$62,326$70,051$100,669β€”β€”
National Medianβ€”$51,722β€”$22,8160.44

Career Paths

Occupations commonly associated with economics graduates

Economists

Conduct research, prepare reports, or formulate plans to address economic problems related to the production and distribution of goods and services or monetary and fiscal policy. May collect and process economic and statistical data using sampling techniques and econometric methods.

$115,440/yrJobs growth:Master's degree

Environmental Economists

Conduct economic analysis related to environmental protection and use of the natural environment, such as water, air, land, and renewable energy resources. Evaluate and quantify benefits, costs, incentives, and impacts of alternative options using economic principles and statistical techniques.

$115,440/yrJobs growth:Master's degree

Data Scientists

Develop and implement a set of techniques or analytics applications to transform raw data into meaningful information using data-oriented programming languages and visualization software. Apply data mining, data modeling, natural language processing, and machine learning to extract and analyze information from large structured and unstructured datasets. Visualize, interpret, and report data findings. May create dynamic data reports.

$112,590/yrJobs growth:Bachelor's degree

Business Intelligence Analysts

Produce financial and market intelligence by querying data repositories and generating periodic reports. Devise methods for identifying data patterns and trends in available information sources.

$112,590/yrJobs growth:Bachelor's degree

Clinical Data Managers

Apply knowledge of health care and database management to analyze clinical data, and to identify and report trends.

$112,590/yrJobs growth:Bachelor's degree

Statisticians

Develop or apply mathematical or statistical theory and methods to collect, organize, interpret, and summarize numerical data to provide usable information. May specialize in fields such as biostatistics, agricultural statistics, business statistics, or economic statistics. Includes mathematical and survey statisticians.

$104,350/yrJobs growth:Master's degree

Biostatisticians

Develop and apply biostatistical theory and methods to the study of life sciences.

$104,350/yrJobs growth:Master's degree

Economics Teachers, Postsecondary

Teach courses in economics. Includes both teachers primarily engaged in teaching and those who do a combination of teaching and research.

$83,980/yrJobs growth:

Market Research Analysts and Marketing Specialists

Research conditions in local, regional, national, or online markets. Gather information to determine potential sales of a product or service, or plan a marketing or advertising campaign. May gather information on competitors, prices, sales, and methods of marketing and distribution. May employ search marketing tactics, analyze web metrics, and develop recommendations to increase search engine ranking and visibility to target markets.

$76,950/yrJobs growth:Bachelor's degree

Search Marketing Strategists

Employ search marketing tactics to increase visibility and engagement with content, products, or services in Internet-enabled devices or interfaces. Examine search query behaviors on general or specialty search engines or other Internet-based content. Analyze research, data, or technology to understand user intent and measure outcomes for ongoing optimization.

$76,950/yrJobs growth:Bachelor's degree

Secondary School Teachers, Except Special and Career/Technical Education

Teach one or more subjects to students at the secondary school level.

$64,580/yrJobs growth:Bachelor's degree

Survey Researchers

Plan, develop, or conduct surveys. May analyze and interpret the meaning of survey data, determine survey objectives, or suggest or test question wording. Includes social scientists who primarily design questionnaires or supervise survey teams.

$63,380/yrJobs growth:Master's degree
About This Data

Source: U.S. Department of Education College Scorecard (October 2025 release)

Population: Graduates who received federal financial aid (Title IV grants or loans). At University of California-Santa Barbara, approximately 28% of students receive Pell grants. Students who did not receive federal aid are not included in these figures.

Earnings: Median earnings from IRS W-2 data for graduates who are employed and not enrolled in further education, measured 1 year after completion. Earnings are pre-tax and include wages, salaries, and self-employment income.

Debt: Median cumulative federal loan debt at graduation. Does not include private loans or Parent PLUS loans borrowed on behalf of students.

Sample Size: Based on 301 graduates with reported earnings and 294 graduates with debt data. Small samples may not be representative.